-- Connecting the dots between our economy, government and business --
Summary and audio linked here.
Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
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Most feared words “I am from the government; I am here to help.”
The goal of the Democrats is to give them taxpayer goodies so that they will be ever more dependent and servile to these Democrats.
Pretty obvious!
It’s just straight up vote buying. They give their vote to whomever promises and follows through on the promise to give them the most free stuff. Presidential candidate Vivek recently went to the south side of Chicago believing that he could talk to residents who were upset about illegals taking over their neighborhoods. Instead of finding common ground, it descended into a chaotic demand for reparations, affirmative action, DIE, handouts, increased welfare benefits and free housing. Vivek had none of that to offer, and we’ve heard nothing of Vivek’s brief visit to the southside ever since.
Democrat policies destroy families, schools and businesses in Black communities — this was entirely predictable
Illinois could be a case study in how democrats fail their constituents on every level. The media ignores the dreadful results. It will never change. Human nature prevails unfortunately. People eventually get tired of taking care of others who either refuse to contribute to society or can’t behave themselves.